I have been longing to try out LiteCoin since I first heard about them but I've got no idea how they work. If they're more or less the same protocol as Bitcoin, I wouldn't mind incorporating them into my life as well.

Thank you for helping out with a starter balance! LPeVpxPMsfS7e9dcDvMNUEcaf3ka3tJWjr

I do have a question also: Is it really true that Litecoin solves the GPU/FPGA/ASIC mining crisis? I have heard so many people claiming it so and so many others claiming that it's simply not true. I wish I could get a definitive answer.

ok, i got it. LTCs are only efficient on CPUs? isnt that a security problem? think of the giant supercomputers consisting of thousands of CPUs and controlled by central authorities? with the evolution of the BTCspecific hardware it will be far more difficult to attack the network.

there's software for GPU's which is much faster to mine; although the difference in power from Bitcoin CPU vs GPU mining isn't as great.

I have been longing to try out LiteCoin since I first heard about them but I've got no idea how they work. If they're more or less the same protocol as Bitcoin, I wouldn't mind incorporating them into my life as well.

Thank you for helping out with a starter balance!

I do have a question also: Is it really true that Litecoin solves the GPU/FPGA/ASIC mining crisis? I have heard so many people claiming it so and so many others claiming that it's simply not true. I wish I could get a definitive answer.

ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh....Okay sent

right now there is no talk of any Custom Litecoin miner because it requires memory, the bitcoin asics will not be able to mine it

While waiting for a pre-order (which I have cancelled) I have been mining on my Aspire one 10" screen laptop netmachine with a whopping 2.2 kilohashes which makes my youtube experience real fucken challenging.